[New post] DBS: Sun Art Retail Group – HOLD TP HK$3.23

alanyeo posted: " Better outlook Expect sales recovery in Mar 2022 with higher demand for food & groceriesIncreasing contributions from self-operated APP should beef up profit margin of online division. Yet, offline shoppers' traffic stay low and needs further refi" New post on Alpha Edge Investing DBS: Sun Art Retail Group – HOLD TP HK$3.23 by alanyeo Better outlook Expect sales recovery in Mar 2022 with higher demand for food & groceries Increasing contributions from self-operated APP should beef up profit margin of online division. Yet, offline shoppers' traffic stay low and needs further refinement  Share price ramped up c.15% since mid-Mar 2022 and is approaching our target. Downgrade to HOLD with […] Read more of this post alanyeo | March 31, 2022 at 4:51 pm | Tags: Sun Art Retail Group | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-93k Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2022/03/31/dbs-sun-art-retail-group-hold-tp-hk3-23/